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| Price | ▲ 1.04% | ▼ 1.39% | ▼ 1.13% | ▲ 2.29% |
| Energy | ▼ 4.2 | ▲ 1.6 | ▼ 6.5 | ▲ 23.3 |
Trend of Bull Bias CDN Stock Daily
▸When CDN Stock is in Bull Bias:
- then CDN Stock moved to higher Market State: 128 times — 56.1%
- then CDN Stock moved to lower Market State: 100 times — 43.9%
▸Current CDN Stock market energy: 59.55%
- Distance to upper bound of Bull Bias (at 60%): 0.45%
- Distance to lower bound of Bull Bias (at 20.88%): 38.67%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the Daily candle, CDN Stock within the Bull Bias zone.
The energy side shows The energy level rose +23.3%: from 36.3% now at 59.5%.
Time in Bull Bias energy zone: 7 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, CDN Stock Market Energy ranged from +36.3 to +59.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CDN Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 30-06-2021 closed, CDN Stock was at 22.32, up 2.29% from the previous candle (21.82). Market Energy was 59.5%, up 23.3 points from 36.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CDN price move on this Daily candle, and how large is that historically?
CDN closed at 22.32, up 2.29% from the previous Daily candle (21.82). This rise is larger than 38% of past rises on the Daily timeframe for CDN, across 622 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy rose 23.3 percentage points from the previous candle — from 36.3% to 59.5%. This rise is larger than 72% of past rises on the Daily timeframe for CDN.
Do CDN price and energy agree?
Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was CDN Stock in on the previous Daily candle?
The previous Daily candle had CDN Stock at 36.3%, Bull Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bull Bias zone?
At 59.5%, CDN Stock is 0.45 points from the upper boundary of Bull Bias (60%) and 38.67 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: VNINDEX (Vietnam equities) in Bull Bias with energy 59.7%; VN30 (VN30 basket) in Bull Critical with energy 63.1%. Against this backdrop, CDN Stock (Bull Bias, 59.5%) lower than VN30; sits in the same state zone as VNINDEX.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Neutral with Market Energy 1.5%. CDN Stock energy is currently above DXY by 58 points.
See the real-time energy chart for CDN Stock.
Open Energy ChartSee the full 2AiTrading Model data for CDN on the CDN Stock overview →
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